Williams Increases Quarterly Cash Dividend

Rhea-AI Summary

The board of directors at Williams (NYSE: WMB) has declared a quarterly dividend of $0.425 per share, totaling $1.70 annually, payable on March 28, 2022. This marks a 3.7% increase from last year’s $0.41 per share dividend. Shareholders on record by the close of business on March 11, 2022 will receive this payment. Williams has consistently paid dividends every quarter since 1974, showcasing its commitment to returning value to shareholders.

Positive

• Quarterly dividend increased by 3.7% to $0.425 per share.
• Demonstrated commitment to shareholders with consistent dividends since 1974.

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• None.

TULSA, Okla.--(BUSINESS WIRE)-- Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.425 per share, or $1.70 annualized, on the company’s common stock, payable on March 28, 2022, to holders of record at the close of business on March 11, 2022.

This is a 3.7% increase from Williams’ first-quarter 2021 quarterly dividend of $.41 per share, paid in March 2021.

Some portion of this distribution may be considered a return of capital for tax purposes. Additional information regarding return of capital distributions is available at Williams’ investor relations website.

Williams has paid a common stock dividend every quarter since 1974.

About Williams
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. www.williams.com

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company’s annual and quarterly reports filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220201006070/en/

MEDIA:

media@williams.com

(800) 945-8723

INVESTOR CONTACTS:

Danilo Juvane

(918) 573-5075

Grace Scott

(918) 573-1092

Source: Williams

FAQ

What is the dividend amount declared by Williams (WMB) for March 2022?

Williams (WMB) declared a dividend of $0.425 per share for March 2022.

When will the dividend for Williams (WMB) be paid?

The dividend for Williams (WMB) will be paid on March 28, 2022.

What was the percentage increase in Williams' dividend compared to last year?

The dividend was increased by 3.7% compared to last year.

Who is eligible to receive the dividend payment from Williams (WMB)?

Shareholders holding stock by the close of business on March 11, 2022, are eligible for the dividend payment.